Wharton County Youth Fair Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 1,083,684 | 0 | 1,083,684 | — | — |
| 2023 | 357,045 | 203,770 | 153,275 | 75.5 | 0% |
| 2024 | 45,244 | 75,346 | −30,102 | 206.0 | 0% |
In its most recent public year (2024), this organization spent $30,102 more than it brought in. Its reserves stood at about 206 months of spending. Staff pay was 0% of spending. $581,086 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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